Industrial

MORRISTOWN, NJ-The closed-end fund will target value-add industrial, retail and suburban office properties in the Northeast.

ALBUQUERQUE-With ties to Milwaukee and Chicago, the father-and-son team pay close to the ask for three office complexes and a warehouse, all fully leased.

HAWTHORNE, CA-The JV of Kearny Real Estate Co. and Morgan Stanley Real Estate starts construction on a 21-building industrial complex totaling more than 203,000 sf.

VISALIA, CA-The San Diego-based developer plans two additional industrial buildings totaling 280,000 sf at its MidState 99 Distribution Center.

OLDMANS TWP., NJ-Garden State Freezers' new facility will start with an 110,000-sf office/warehouse complex as its first phase.

PEORIA, AZ-A quick lease-up made for an easy acquisition for a Phoenix investment

HOUSTON-The 214,831-sf door manufacturing facility at 5401 Lawndale St., just four miles southeast of the CBD, sells to Caspian Homes. The listing was on the market for 1.5 years, baiting several offers--all from residential developers.

ST. PAUL-The proposal would include two new biotech research facilities, help for a biotech incubator and money to develop biotech zones.